VW Keen to Expand Truck Arm

By

Christoph Rauwald

Updated May 3, 2011 10:18 a.m. ET

HAMBURG—Volkswagen AG said Tuesday the heavy-truck and bus segment is a "highly attractive strategic business area" and reiterated the German auto maker's desire to become the world's leading automotive company.

VW also confirmed that talks over a tie-up between its Swedish Scania AB brand and MAN SE still are ongoing. "Scania and MAN are holding in-depth talks on closer cooperation to achieve substantial synergies in...